Top White House economist fact-checks Trump on GDP claim
12 September, 2018, 06:29
It was actually the first time in 10 years that GDP was above the unemployment rate, a fact corrected at a White House briefing on Monday by Kevin Hassett, chairman of the White House Council of Economic Advisers (CEA).
Gasparino was writing in response to a tweet from Wall Street Journal columnist Kimberley Strassel.
Wolfers went on Twitter to provide his proof against Trump's statements, taking two full tweets to show every time the GDP growth rate was higher than the unemployment rate in the last 100 years, a total of 60 times.
Gasparino responded with a mix of snark and anger. "President Obama vs. President Trump, the leader vs. the tweeter, yes we can vs. way too tan". He reached beyond standard growth and jobs numbers to invoke a roaring Trump boom, enthusing over capital investment, business optimism, capital goods shipments and the purchasing managers index. President Trump deregulated the economy; we talked about how that has spurred growth.
US President Donald Trump has forcefully claimed ownership of the American economy's vigorous health while denigrating the legacy of Barack Obama, the president in office during most of the last decade's expansion, but economists suggest any credit should be shared. "What I do know is that's the highest in 10 years".
Hassett then turned to several slides demonstrating recent trends in the economy, with the first showing a jump in small-business optimism since the election. They claim Trump is merely enjoying gains started before he took office.
The Trump administration has been in trouble in the past for inaccurate economic statistics with CNBC reporting that White House spokesperson Sarah Huckabee Sanders made false claims about the black employment rate.
Mike Levin, who is running for the seat left open by retiring GOP Rep. Darrell Issa in California, tweeted that Obama "left Trump an economy on third base".
Hassettsaid he suspected someone "added a 0" to the fact as it was "conveyed" to the president.
"It shouldn't be Democratic or Republican to say that we don't threaten the freedom of the press because - they say things or publish stories we don't like", Obama said. Democrats appear to have a better than even chance of winning the House and some pundits think the Senate might even be in play.
The president did something last week I have long urged him to do. Trump offered hope for former Obama voters in Pennsylvania, Michigan and Wisconsin that handed him the victory over Hillary in 2016. The economy also saw in June more job openings than people unemployed for the first time since 2000.
The center of Florence was located about 1 100km southeast of Bermuda, the NHC in its 03:00 GMT on Monday advisory. Hurricane Helene will likely continue to strengthen since it is in a low wind shear environment and warm waters.
Sam Darnold started and ended his first half as an National Football League quarterback by throwing touchdowns . NY capped the quarter when Isaiah Crowell scored on a 62-yard run with 54 seconds left, making the score 48-17.
Hurricane Florence has the potential to bring catastrophic flooding to areas of the eastern U.S. already soaked by heavy rain. The storm is targeting the southern Caribbean region and may bring a storm surge of up to 5 feet.
Obama's re-emergence comes as both parties are girding for a November election widely seen as a referendum on Trump . Trump was dismissive of Obama's speech. "It did not start with Donald Trump , he is a symptom, not the cause".
Pittsburgh running back James Conner got the first touchdown of the game to give the Steelers an early 7-0 lead. He forced two fumbles, recorded two sacks and rushed Roethlisberger into making some indecisive throws.
I didn't think I was going to get ejected for unnecessary roughness. "I don't know what they want me to do". Andrew Luck is set to take the field on Sunday following a lengthy recovery from shoulder surgery.
In simple terms: The Cowboys' offense was without a big-play downfield threat, a fact that didn't escape Bryant. Bailey's replacement, Brett Maher , missed his only kick at goal from 47 yards in the third quarter.
The National Archives let the Senate Judiciary Committee know that it would take them until the end of October to do their work. The group alleges that Kavanaugh committed perjury during his hearings before the Senate Judiciary Committee last week.
It was his sixth top-six finish of the year. "To have a chance to win again, this year, it's a very positive feeling", Woods said. The season-ending FedEx Cup's final stop is the Tour Championship at East Lake Golf Club in Atlanta in two weeks.
The designation gives officials the power to do order evacuations, establish shelters, prohibit travel and impose curfews. Florence's track continues to show it will impact the southeastern USA coast, impacting the Carolinas and Virginia .
Hurricane Florence Is Now a Category 3 Storm
Officials in SC reversed the flow of traffic on some highways so that all major roads led away from the sea to speed evacuations. It says that the winds are likely to hit North and SC around Thursday morning, and Pennsylvania by the evening.
President Trump 'cancels' November trip to Ireland
Brendan Howlin, leader of the Labour Party in the Republic, said Mr Trump was "no friend of democracy or human rights". Speaking on The Marty Squad on RTE Radio One on September 2, Varadkar said: "It came a little bit out of the blue".
The "Trump Resistance" Op-Ed
Trump and Cohn were reportedly discussing tax reform legislation before the GOP tax cut bill was passed a year ago . Woodward was born in IL in 1943 and attended Yale University before serving in the US Navy until 1970.
Reliable analyst says iPad Pro will have a USB-C port
This will only be possible on Wednesday when Apple will present the new products at the Steve Jobs Theater on their own campus. The third model, an upgrade of the iPhone X with a 5.8-inch screen, reportedly has a faster processor and better cameras.
Ford says Trump's claim 'makes no sense'
The result of moving all final iPhone assembly into the USA will result in a 20% price increase on the smartphones, said the bank. The Focus Active may be the first vehicle officially killed by the administration's tariffs, but it likely won't be the last.
Juan Martin del Potro: Gentle giant, crowd favorite
Djokovic disagreed with WTA CEO Steve Simon, who said men and women should be treated equally but that wasn't the case Saturday. Novak Djokovic won his third US Open title on Sunday with a 6-3, 7-6 (7/4), 6-3 victory over Juan Martin del Potro .
At least 6 killed in S. Sudan plane crash
The UN broadcaster Radio Miraya posted a picture on its Twitter account of the twisted wreckage of the plane submerged in water. Among the three survivors, a 6 year old child, a man of adult age and a European now hospitalized in a critical condition.
Novak Djokovic joins calls for action to end 'sauna'
Novak Djokovic of Serbia has secured his spot in the US Open semifinals after beating Australia's John Millman in straight sets . American Nicole Gibbs told CNN past year that she'd first started receiving online abuse while playing college tennis.
Suns guard Devin Booker to undergo hand surgery
Booker jammed his right hand toward the end of last season, and had to wear a splint down the stretch. Booker, who turns 22 next month, signed a five-year, $158 million contract extension this summer.